Skip to main content

About your Search

20100201
20100228
STATION
CNBC 7
CNN 7
MSNBC 4
CSPAN2 1
WJLA (ABC) 1
WRC (NBC) 1
LANGUAGE
English 24
Search Results 0 to 23 of about 24
CNBC
Feb 24, 2010 1:00pm EST
. the president, mr. bernanke, secretary lahood, testifying on the toyota issues on the hill. let's take a breakaway. we're going to watch them all and bring in john harwood, steve liesman and andrew par menty yea, managing partner with height analytics and open the discussion here. steve, you've been listening to mr. bernanke sum it up for us. what are the three or four bullet points. >> he reiterate that the fed will remain exceptionally low. that was a little bit more dovish than maybe some expected. you see the bond market rallied a bit. the dollar kind of hung in there. stocks have done better while bernanke's been talking. interesting comments on the volcker rule where i guess he's in opposition to the president's strong ideas about banning proprietary trading by the banks. he's saying you can do that idea, but it's frouth with danger and a better way might be to give the regulators authority to limit risky activity. he's got a less or thoughdox version of the volcker rule which is what is already in the house bill >> he also made interesting comments on deflation because one of th
CNBC
Feb 10, 2010 9:00am EST
not agreed to anything yet. >> and ben bernanke will be releasing his ideas on how the fed is going to pull back from its current role of propping up the economy in every way, shape, and form. we're going to have that live at 10:00. i know his comments are coming out, mark. i'm not sure if he's actually going to physically be there because you know in washington it's a little snow. what are they going to do? >> i think they now have a total of 50, five zero, inches on the ground. >> yeah, yeah. >> we also have big snow issues in new york, baltimore, philadelphia, airports closed, schools closed. it's a real mess. this is a live picture. >> wow. >> well, it was a live picture of reagan national airport. it is empty. >> that's amazing. it really is. mark, you know i remember when there was a forecast of snow things would be shut down and called off and to your point pretty incredible what has been going on there. snowmageddon. that's an amazing picture, live. no one at the airport. >>> the futures right now are plus 0.70 on the s&ps. we needed 1.42 to get to fair value. so it's very close to
ABC
Feb 1, 2010 3:05am EST
be good for the world economy if they do. >> what about the drama around ben bernanke. he was confirmed for a second term in the senate as chairman of the federal reserve. was it justified? is that deserved? any surprises? >> well, it would have been pretty scary if they hadn't confirmed hi i mean, what it would say is congress wants to run the fed. there are othe good candidates but ben has done a great job the last year especially and it just wouldn't have been good for congress or good for the institution. >> laura? >> i agree completely. this has been tied up with discussions that many members of congresshave in trying to weaken or take power away from the fed. >> are you concerned about the independence of the fed? >> i am >> i am absolutely. >> why? tell me. >> congress knew it could set interest rates but oh, my gosh they can print a couple trillion dollars of debt. they can buy consumer loans. we don't want someone to have that kind of power. they want to get in on that. monetary policy. it's a dangerous moment. >> real quick on the state of the union. president obama delivering
CNN
Feb 12, 2010 9:00pm EST
that dr. bernanke, if he has two patients, the one with a positive attitude does better. >> i agree with dr. bernanke, but stress does cause your arteries to con strict, it ka cause the arteries to build up faster, it can cause blood clots to form that causes a heart attack, that's the bad news. but stress is not simply something you do, more importantly it's how you react to what you do. if you practice some simple stress management techniques, you can be in the same job, you can go to haiti, and not have it affect it. you can accomplish even more without getting so stressed and without getting sick in the process. >> larry: sanjay, do you understand why the president is so passionate about haiti? >> he's had an affinity for this place for a long time, larry. i interviewed him when he was down here and talked about haiti with him a few times in the past. he had his honeymoon here, as i know you've talked about, larry, so he's been thinking about haiti for a long time. i think he has a strong affinity not only to haiti but to the haitian people living in haiti and the united states,
CNN
Feb 24, 2010 9:00am EST
bernanke. he'll be delivering his semi-annual testimony before congress today. also tomorrow. you can bet those questions from lawmakers will focus a lot on unemployment in this country, the outlook for the overall economy and interest rates from the fed. what happened last week that's really going to play in here, the fed surprised wall street. they raised the interest rate that they charge banks for emergency loans. a lot of focus on that today expected as well. we're also going to keep a close eye on the housing sector today at the top of the hour. we'll get a report on new home sales. it is expected to show actually some good news that home sales jumped 5% last month. meantime, we've got one of the nation's biggest home builders toll brothers reporting earnings. the company also saying, listen, the housing market is still "in choppy waters but the seas are getting calmer." toll brothers reported its first quarter loss, narrowed a bit from a year ago. that's good news on the housing front. shares are up just slightly, about 2% this morning. the dow industrials is pretty strong open. up
MSNBC
Feb 25, 2010 6:00am EST
assurances by the federal bank. ben bernanke offered an up beat report on the nation's recovery yesterday. he told congress interest rates will remain low to encourage borrow ing. the dow rose 91 points after dropping more than 100 the day before. >> we have no idea which way the economy is going. bernanke has no idea which way the economy is going. >>> officials in florida are collecting eyewitness accounts in yesterday's deadly attack at seaworld, orlando, where an experienced trainer was killed by a 12,000-pound whale. the 40-year-old victim was snatched from the platform as the audience looked on in horror. witnesses say the killer whale thrashed her back and forth and dragged her under water. it's the third time this killer whale has been involved in a human death. >> the third time. a killer whale kills three times. the officials say they're not going to put the whale down wha killer whales do. >>> time to go to willie geist looking at what's going on in vancouver. willie? >> reporter: that's a terrible story, mika. let's move on to the olympics here. the hockey was the big story yester
CNBC
Feb 9, 2010 9:00am EST
. and with dr. bernanke scheduled to speak tomorrow, our sense is that that trade will be relatively quiet here. a high volume area last week was around 1064 even. we'll probably bing bong back and forth on that trade waiting for dr. bernanke or for further developments in europe. >> what's your view, jamie, about today's trade and whether you believe in the bounce we are likely to get, at least at the open? >> well, i think the most encouraging part is that this rally is coming from european financials. you can see all those works up markedly on yesterday's trade. domestically, local ibs have been overwhelmed by this european crisis. unemployment was a great number on friday. it exceeded expectations. earnings continue to be strong. we seem to have been weighed down by euro. if that turn around and those financials continue to hold these gains, it could be very good things domestically. >> jamie, most of the guys you trade with trade according to technical analysis charts and yada yada. let me run this by you. the day before yesterday, which was a monday, right? yeah. did monday look like a sh
FOX News
Feb 24, 2010 4:00pm EST
this is "fox news channel," the most trusted name in news. >> neil: think quick. ben bernanke, tim geithnerer, toyoda, what do they have in common today? all under fire from a congress eager to take the heat off itself and put it on someone, anyone but them. these guys more than fitting the bill. welcome, everybody, i'm neil cavuto. with the fireworks, they easily could have made them pay per view but for pure theater, triple cast gold has to go to the congressional grilling of akio toyoda, the toyota chief who took responsibility for a mess he says is contained butty. then it got nasty. >> let me see, is that a yes or no? that's what i'm trying to get to. >> steven morris says the implications of this nastiness are bigger than you know. steve, explaining. >> by the way, was that a yes or no? >> i don't know, man oh man. what a parade here. >> it was high theater today and you're right, i like the way you opened it. when you're one of the most unpopular groups in america as congress is, go after somebody more unpopular which is toyota. but this was a small of congress to bring this
FOX News
Feb 24, 2010 6:00pm EST
reserve chairman ben bernanke told a house committee today that he does not expect to raise record low interest rates anytime soon. he said the rates are needed to ensure the economic recovery continues. that was good for wall street. the dow gained 91 3/4. s&p 500 picked up 10 2/3. the nasdaq finished ahead 22 1/2. not so good news sales of new home plunged to the lowest level on records. going back nearly half a century. sales dropped 11.2% in jang. the top man at toyota said the auto maker which recalled 8 million vehicles recently has been too successful for its own good. senior correspondent brian wilson reports how the explanation and apology played on capitol hill. >> reporter: though toyota is facing criminal and civil investigations, the grandson of the man who founded the company, akio toyoda, appeared today on capitol hill to answer questions and to say he's sorry. >> i regret that this as a result is a safety issue described in the recall he face today. and i'm deeply sorry for any accident that toyota drivers have experienced. >> reporter: toyoda said he feared the company
FOX News
Feb 25, 2010 6:00pm EST
ben bernanke says he is keeping his eye on goldm mman satches and other firms make -- goldman sachs and other firms that are looking line creasingly they might default on debt. the recent bad weather may have short-term but not long-term impact on unemployment. the jobless claims shoot up by 22 thousand last week. it didn't set well on wall street. orders to u.s. factories for big ticket items shot up in january by 3%. most of that were for commercial aircraft. we told you of incidents where the obama administration has given no-bid contract with firms to ties to democrat. tonight in fox include exclusive, correspondent james rosen has a similar account on what could be life and death in post-9/11 era. >> from the terror of the anthrax attacks born an initiative president bush called project bioshield. >> the budget will have $6 million to make available effective vaccine and treatment. >> since then, handful of biodefense firms using lobbyists and the competitive bidding conferentract had huge awards. the department of health and human services announced its intention to steer with
MSNBC
Feb 10, 2010 5:00pm EST
uptick in global trade activity. fed chairman ben bernanke beginning to lay out a strategy for weaning the economy off the stimulus plan. the time for such steps has not yet arrived. a surprise dip in mortgage applications as rates on 30-year loans fell to their lowest since debs and wall street looking at a bailout for debt burdenened greece. now back to "hardball." >>> welcome back to "hardball." the headline in the "washington post"/abc poll. good news for republicans. bad news for the democrats. it reads on major issues republicans gain ground on president obama. what do both parties make about the shifting ground? steve mcmahon a democratic strategist, todd harris a republican strategist. if you are a democrat these are big, bad numbers. in february of this year, the democrats were trusted by 56% of the people. which party do you trust to do the better job coping the the main challenges. the white side is a year ago. the democrats were big on the trust issue, unemployment, health care, foreign policy. look at the numbers 43 to 37. the democrats only a little bit ahead. six points
MSNBC
Feb 25, 2010 9:00am EST
. musberger. >> that's where the sum is mitt will be taking place. for the second time today ben bernanke will come face to face with lawmakers who want his exit strategy from the drastic measures the fed took to keep the economy going. >> steve, what can you tell us about not annual what the fed chair said, but did he give a hint on where interest rates are headed? >> he did. he said what are considered on wall street, chuck, the magic words that the fed will remain exceptionally low for an extended period. that phrase has guided wall street's forecast for where the fed will be. it basically means the fed will not change policy for six months. you sat there, read the testimony. as soon as he said those words you knew they were safe. so the idea is the fed leading up to this had done some mechanical things that some in the market mistook for the beginning of tightening, but they were just what the fed called normalization. so the fed chairman needed to say that and he said it. what i think is because banking and regulatory reform is alive in the senate, if not the house -- remember, they
CNBC
Feb 8, 2010 12:00pm EST
bernanke getting ready to testify on capitol hill later this week. steve joins us with more on the fed's game plan. >> the news is not going to be that the fed will lay out an exit strategy. they have already done that. we have been reporting it for weeks and weeks despite what other media outlets might be saying. if there is going to be news, timing of the exit strategy or the sequencing as in what comes first. rate hike chicken. what am i talking about? fed work behind the scenes on a series of measures to withdraw all of that extraordinarily quiddity. interest on reserves. we told you it would be the new fed funds rate. thing that will matter more than when they come out. term deposits for bank. reverse repos overnights. ultimately the bigger question, do they sell assets? not that loud about it. here is the reason. the fed doesn't want to signal imminent change in the policy when it talks about developing the tools to reverse that policy. st. louis fed chairman says he believe it is fed can begin selling assets the second half of the year which would come before raising rates. sequ
CNBC
Feb 1, 2010 4:00pm EST
chairman bernanke's confirmation was in doubt. all of a sudden they dialed it back. this budget is part of that dialing back. >> let's talk about that, andrew. the financial responsibility fee, better known as the bank tax, is in the budget. what kind of details are in it? because jaret says the language has been pared down quite a bit. >> people were selling into any financial strength across the board. you have volcker testifying tomorrow. although jaret brings up good points, the reality of this is that the risk is not in the budget. the risk is with the next announcement from volcker. or the treasury department and bank of america signing on to this second lien modification program which they did last week. that's where the real worry of wall street is. and you saw energy hold up today. you saw health care sell off for about an hour after the budget came out. and then it recovered to about flat as i was leaving the office. but across the board today, long and short, i mean, we were seeing sellers of financial stocks into strength. >> what about, andrew, when you look at the other ta
MSNBC
Feb 24, 2010 10:00am EST
bernanke. t.a.r.p. was supposed to be used to counter the mortgage crisis, not to bail out the big banks. do you believe mccain was misled? >> no, i don't, monica. the night before on nbc nightly news, you may remember john yang had a record that feerchbd john mccain saying because of his experience, he was best equipped to rhett republic arizona. now, in western inventory knack ewe lar, this ain't john's first rodeo. when he suspended his campaign to go back to washington to sit face-to-face with those decisionmakers, now a couple years later, he's telling us he was misled? i have to tell you, this is isn't revision of history. that sounds more like john kerry in 2004 than the john mccain i used to work with. >> and the mccain camp is attacking your spending record. they have a radio ad saying you talk like a conservative, but you spend like a liberal. they're citing your vote for the bridge to nowhere. you supported the 2003 medicare prescription drug benefit. what do you think of those ads? what do you think of those allegations? >> well, first of all, with all due respect, i understa
CNN
Feb 17, 2010 11:00am EST
, in studying history, unless you learn from it, all the economic experts and bernanke and obama included, understood in the great depression the one thing they did not do is spend enough fast enough in order to stimulate the economy in order to create sustainable growth which obama and bernanke are doing. >> so, jeanne, why is this package viewed so negatively by so many in the country one year later? >> well, i think that the democrats didn't necessarily sell it as it was, you know, throughout the year. they went off and did health care and then came back to jobs. you know, 2 million people may have been helped by it. but another 8 million lost their jobs. so, more people are feeling pain than benefit. and so as a result, i think most people don't -- don't appreciate or really understood that, you know, it was a limited package. people thought it should have been bigger. it helped, but it didn't resolve the economic crisis we were in. >> wow. ryan, what's your view on that? why do you believe so many people have such a negative view of the package? >> i have to agree. we didn't sell it
CNN
Feb 24, 2010 6:00am EST
velshi later today. >> a lot of great stuff. >> ben bernanke will testify on the hill today. >> we'll get his prescription or a forecast on what will happen with the overall economy. a lot of questions. when will this economy be back to normal and what is normal? that means your job, home and bank. let's take a look at where we stand. the national association of business economics predicts job growth is on its way, forecasting 140,000 jobs per month will be added in 2010. in the new normal, no thing is ever as it seems. yesterday we found out mass layoffs rose last month for the first time since august. more than 180,000 folks fell victim to mass layoffs in january. we saw consumer confidence tumble. consumers are still very nervous. how about your house? your biggest asset most likely or what was once your biggest asset. one out of every four mortgages is under water. it means you owe more than the house is worth. foreclosure will continue. speaking of lenders, banks still in trouble. one out of 11 banks is at risk of going under. that's the problem bank lift, 140 banks were shut down la
CNN
Feb 3, 2010 5:00pm EST
bernanke is concerned about the nation's economic recovery. during the ceremonial swearing in for his second term, bernanke told staffers that despite a growing economy, far too many people remain unemployed. he also talked about the challenges facing the fed, which include protecting its independence from congress and making the institution more open and accountable. >>> president obama's aunt is preparing to make her second bid for political asylum. she'll go before an immigration judge if boston after defying a deportation order in 2004. she's expected to argue that ties to the president could make her a political target if she returns to kenya. her status was revealed shortly before president obama was elected in 2008. >>> and while many of you are gearing up for this sunday's super bowl, some in the nfl are worried that the game's days could be numbered. the players association fears owners will impose a work stoppage after the current collective bargaining agreement expires and they're taking their caught to capitol hill. the league says a new collective bargaining agreement wil
CNBC
Feb 1, 2010 12:00pm EST
bush, ben bernanke, tim geithner to get the record out. this is news in and of itself, michelle, beyond the details you point out. his first-person account goes into the record and it's going to be essential to figure out where did we go wrong and how do we fix it? amazing to me the number of things that aren't fixed yet. >> final thought to you? >> i agree with steve. it was remarkable book. it helps the history exicle record. i call it pg version. he said the british screwed us. in my book he uses a colorful phrase. >> andrew, thank you. steve, thank you. the word on the street goldman sachs' ceo lloyd blankfein could collect a bonus up to $100 million according to the report in the times of london. goldman sachs roundly distribpu the rumor saying there's speculation and there's stupidity. this speculation transcends the stupid and takes it to a new level. i would call that -- that would be your denial-denial. >> that would be a strong denial. goldman sachs shares gaining 90% for a year and about 4% higher right now. the goldman sachs folks knocked this story down. it is only in the t
CNBC
Feb 12, 2010 6:00am EST
together with bernanke's exit speech, you put that together and people say, wait a second, maybe the tight is turning. and being on top of the timing of when the fed starts to tighten or when the rhetoric changes, because when the rhetoric changes, that's when rates will change. and if there weren't enough international news, the european central bank plans to join forces of the european commission to monitor the situation in greece. ecb president jean-claude trichet says the two will draw up necessary measures to maintain stability in the euro zone. european officials offered support for debt-laden greece at a summit yesterday. we don't know what's in the plan. it's some sort of support. >> i don't know what the plan is. except everybody is happy they're in a plan. >> they're in something. they've expressed support. >> monday, the finance ministers meet again. this may be a situation where you see more of the details that start to emerge. what's it call, the european -- the meeting on monday. >> what worries me is that the plan itself will be so underwell manying that people will say, is
CNN
Feb 10, 2010 9:00am EST
bernanke scheduled to testify before a house committee today. but this was all about unwinding the fed's $2.2 trillion emergency liquidity programs. the hearing has been postponed but his prepared testimony will be released at the top of the hour. several economic reports also being delayed today. on wall street expect light trading volume as folks focus more on the snow and less on stocks. despite all that, the dow is expected to continue to rise after yesterday's 150-point gain. investors are hopeful thedisney network rebounded but the theme parks continue to struggle. same for the movie studios. >>> google launching a new social networking service called the google buzz. it will allow users to post photos and links to their websites. yahoo! an microsoft claim they've been running similar services for years. >>> early numbers here, looks like we're down but just ever so barely. off 12 points. 10,046. still above 10,000. nasdaq off fractionally at this time as well. >>> finally, one more note. southwest airlines has slashed its ticket prices until tomorrow. the carrier is selling one-way t
CNN
Feb 15, 2010 5:00pm EST
bernanke who was named by bush the federal reserve chairman, henry paulson, the treasury secretary. they said if they didn't do this bailout, the abyss would've happened and it wouldn't have been a recession, it would have been a depression. >> well, you know, a lot of people did offer that chicken little scenario. and equally other economists and people in the real banking world, for example, a communication i received from the president of bb & t asking the 435 members of the house and the 100 members of the senate not to vote in favor of the bailout because the money would not end up being used by banks to be loaned to consumers and you would have banks under the thumb of greater government control. and, indeed, though i don't like to use hank bolson as a source, he made it very clear that while mccain in the end supported it, when john suspended his campaign to go back to washington, and voters thought he's going to make a stand for us. john, instead of being the tell it like it is straight talk express guy, he meekly read a couple of talking points and went ahead with the whol
CSPAN
Feb 10, 2010 8:00pm EST
. with your support in mr. paulson, mr. bernanke we forced their stearns shareholders from a position that i think was a high of $170 a share in january. we force them down to $2 a share because the american taxpayer money was in the bailout. and that was something that was supported by the fed, by treasury because we felt that because the taxpayer was bailing them out, that the shareholders of bear stearns should not be held harmless. now, you have a different situation here, slightly different. a number of weeks later, where we have aig going under, and these are credit default swaps so the money going into aig is going right out to the counterparties. this is a pass through and the folks on the other side are goldman sachs. that is the principle beneficiary of all this. and we don't negotiate in nickel, not a sense of what they are getting. you are in the same position. you are supposed to be negotiating on behalf of the american people. you were saying the regulations were different. let me tell you something we were changing the rules and regulations every single day. we were taking act
NBC
Feb 25, 2010 7:00am EST
and country and dodge grand caravan vehicles. >>> well, fed chairman ben bernanke told congress wednesday that interest rates will remain low to support continued economic growth. >>> and the house is now set to vote on a jobs bill after the full senate passed the $15 billion measure on wednesday. >>> and just today after being released from a washington, d.c., hospital after suffering a heart attack, former vice president dick cheney is having coffee today with his former boss, president george w. bush. it is the first time the two have seen each other since they left office. >>> and a close call this week for an officer in michigan who was on the side of the road with a driver when another car came barreling towards him. he managed to jump to avoid being pinned, and amazingly, suffered only minor injuries. it is 7:15. let's head back now to matt, meredith, ann and al. >> all right, thanks, amy. >> seems like we've got just nasty weather across the whole continent. >> that's right. >> snowing and nasty in the northeast. >> but it just stopped here. >> and that's not the only place. we've
Search Results 0 to 23 of about 24